"China will take all necessary measures to resolutely protect the legitimate rights and interests of Chinese firms," China’s Ministry of Commerce said in a statement on Sunday.
The statement further called the United States’ measure a "serious threat to global supply chains," adding that "China urges the US to immediately cease its wrong actions."
“The US uses state power, under the so-called excuse of national security, and abuses export control measures to continuously oppress and contain specific enterprises of other countries,” the statement said.
China’s warning came after the United States imposed new restrictions on Huawei, severely limiting its ability to use American technology to design and manufacture semiconductors produced for it abroad.
The Commerce Department said in a statement on Friday that the new restrictions would "narrowly and strategically" target Huawei's acquisition of semiconductors that are the direct product of certain US software and technology.
Beijing has already condemned the move, urging Washington to stop the "unreasonable suppression” of Huawei as well as other Chinese enterprises.
The latest rules will ban foreign firms that use US technology from shipping semiconductors to Huawei without US permission.
They will also cut off Huawei's access to one of its major suppliers, the Taiwanese chipmaker TSMC, which also manufactures chips for Apple and other tech firms.
Huawei has not yet responded to requests for comment.